Unifin Financiera, S. A. B. de C. V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2019
October 17, 2019 at 09:39 pm
Share
Unifin Financiera, S. A. B. de C. V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada reported consolidated earnings results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported interest income of MXN 2,851 million compared to MXN 2,245 million a year ago. Operating income was MXN 591 million compared to MXN 623 million a year ago. Net income was MXN 471 million or MXN 1.43 per basic share compared to MXN 562 million or MXN 1.62 per basic share a year ago.
For the nine months, the company reported interest income of MXN 7,862 million compared to MXN 6,329 million a year ago. Operating income was MXN 1,706 million compared to MXN 1,610 million a year ago. Net income was MXN 1,397 million or MXN 4.25 per basic share compared to MXN 1,356 million or MXN 3.89 per basic share a year ago.
Unifin Financiera SAB de CV SOFOM ENR is a Mexico-based company engaged in the financial industry. The Company operates though three business segments. The Operating Lease segment is responsible for operating leases for construction and industrial equipment, machinery, various types of transportations vehicles, including cars, trucks, helicopters, airplanes and other vessels, and other capital assets. The Financial Factoring segment provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable and by providing vendor financing. The Auto Loans and Other Loans segment is focused on financing the acquisition of new and used vehicles. The Company provides its services to small and medium sized companies, as well as individuals.
Unifin Financiera, S. A. B. de C. V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2019
UNIFIN FINANCIERA, S. A. B. DE C. V. 
